Ripple Immunefi Attackathon Offers $200K to Strengthen XRPL

Ripple has partnered with Immunefi to launch a $200,000 Attackathon, a major event designed to test and strengthen the XRP Ledger (XRPL) Lending Protocol before its launch. Highlighting Ripple’s focus on safety and trust in decentralized finance (DeFi), reports Crypto.news. This initiative invites ethical hackers, known as white-hat researchers, to find weaknesses in the upcoming lending system. Ripple wants to make sure that the protocol is fully secure before it goes live on the blockchain.

NEW: $XRP | Ripple partners with Immunefi to launch a $200K Attackathon to test and strengthen the proposed XRP Ledger Lending Protocol. pic.twitter.com/9X2yBEV7Ok

— crypto.news (@cryptodotnews) October 14, 2025

What the Attackathon Is About

The Ripple Immunefi Attackathon is a community challenge where security experts compete to find flaws in the XRPL Lending Protocol. Ripple and Immunefi will reward anyone who discovers bugs that could cause harm or financial loss.

The event starts with a learning stage from October 13 to October 27, where participants can study how the system works. Then, the bug-hunting phase runs from October 27 to November 29, giving researchers time to test the system in detail.

If hackers find at least one major issue, Ripple will unlock the full $200,000 reward pool. If not, a smaller fallback pool of $30,000 will still be shared among those who contribute valid reports. This structure encourages participation while also ensuring real results.

Why Ripple Is Doing This

Ripple’s goal is to build confidence in the XRPL Lending Protocol. Unlike many DeFi platforms that depend on smart contracts, this protocol will work directly within the XRP Ledger. Because of that, every part of the system must be carefully tested to keep user funds safe.

By working with Immunefi, Ripple is partnering with one of the most trusted names in blockchain security. Immunefi has already helped to protect over $180 billion in crypto assets and prevented billions in losses across major projects. Their experience gives the Attackathon more credibility and transparency.

According to Jasmine Cooper, Head of Product at RippleX, the company wants to give developers and institutions full trust in XRPL’s DeFi features. This Attackathon is a key step toward that goal.

Challenges Ahead

Still, Ripple faces a few challenges. Lending systems are complex, and even small errors in liquidation or loan logic can create big problems. Ripple also needs to make sure of fair off-chain credit assessments and strong governance once the protocol goes live.

Even so, the company’s proactive move shows its long-term vision. By fixing issues before launch, Ripple hopes to avoid future risks and make trust in its ecosystem stronger.

What the Project Could Mean for XRP

If successful, this lending protocol could allow on-ledger borrowing, lending and yield generation for XRP users. It could also attract financial institutions that want a safer and more stable way to explore decentralized finance. 

Ripple plans to present the final version to XRPL validators later this year. If the community approves it, the protocol could launch soon afterward. The crypto market has already reacted positively to this  news. XRP’s price showed a small rise after the announcement, showing growing confidence in Ripple’s technical roadmap and focus on safety.